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20121224
20121224
STATION
KTVU (FOX) 1
LANGUAGE
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most expensive storm ever for the u.s., following hurricane katrina. the storm destroyed houses and businesses on the east coast, leaving millions without power. just months earlier, crop prices shot up following a massive drought that hit the midwest and some northern states. weeks without rain sent corn and soybean prices sky-high. it was estimated that the drought was the worst in nearly a quarter of a century. 2012 was not without its controvesies. trading scandals rocked the news, highlighted by jpmorgan chase. the big bank lost more than $2 billion in what was called "a trading debacle." ceo jamie dimon took a trip to capitol hill for a testimony where he told senators that the industry needs "strong regulation, not always more." meanwhile, at chick-fil-a, the ceo of the popular chain cooked up trouble with some very public comments opposing gay marriage. the comments created a divide between protestors and supporters, some of whom participated in a successful chick-fil-a appeciation day. and, in a shocking move, twinkie maker hostess closed its doors, claiming a strike by
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